What is Request for Quotation RFQ?

1.	What is Request for Quotation RFQ?
Answer» Request for quotation is a form of invitation that is sent to vendors to submit quotation indicating pricing and their terms and conditions. RFQ contains details about goods or services, quantity, date of delivery and date of bid on which it is to be submitted.

Answer»

Request for quotation is a form of invitation that is sent to vendors to submit quotation indicating pricing and their terms and conditions.

RFQ contains details about goods or services, quantity, date of delivery and date of bid on which it is to be submitted.

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